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Optical Interconnect Market Share

Report ID: GMI9055
Published Date: Apr 2024
Report Format: PDF

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Optical Interconnect Market Share

Coherent Corp and Broadcom Inc. hold a significant share of over 16%. Coherent Corp. provides innovative solutions in the field of optical interconnect technology. With a strong focus on research, development, and manufacturing, the company offers a comprehensive range of optical interconnect products and services tailored to meet the evolving needs of various industries.

Broadcom Inc. is a global technology company renowned for its expertise in semiconductor and infrastructure software solutions. In the realm of optical interconnect, Broadcom plays a significant role in advancing technology and driving innovations in data communication and networking.

Optical Interconnect Market Companies

Major players operating in the market are:

Coherent Corp.
Broadcom Inc.
Lumentum Holdings Inc
Sumitomo Electric Industries, Ltd.
Synopsys, Inc
NVIDIA Corporation
Molex Incorporated

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for optical interconnect crossed USD 15.5 billion in 2023 and is expected to register over 13.5% CAGR from 2024-2032 owing to the proliferation of data-intensive applications, such as cloud computing, big data analytics, artificial intelligence, and high-performance computing worldwide.

Optical interconnect industry from the single mode fiber segment recorded over 62% share in 2023 due to enabling seamless upgrades to optical infrastructures, facilitating efficient deployment of 5G networks and enhancing network resilience.

Asia Pacific industry is expected to register over 15.5% CAGR from 2024-2032 due to rapid urbanization and population expansion, notably in countries such as China, India, and other Southeast Asian nations in the region.

Coherent Corp., Broadcom Inc., Lumentum Holdings Inc, Sumitomo Electric Industries, Ltd., Synopsys, Inc, NVIDIA Corporation, and Molex Incorporated, are some of the major optical interconnect companies worldwide.